|
Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
|
That's the problem, there is no rational basis for this valuation. The price of the stock is up because people expect the price to go up, but the underlying fundamentals do not support the price. Still, "the market can stay irrational much longer than you can stay liquid."
__________________
Some Porsches long ago...then a wankle...
5 liters of VVT fury now
-Chris
"There is freedom in risk, just as there is oppression in security."
|